Joint Venture18 Oct 2024, 06:20 pm
Akums Drugs and Pharmaceuticals Ltd Signs MoU with Zambian Government for Local Manufacturing of Medicines
AI Summary
Akums Drugs and Pharmaceuticals Ltd, an Indian limited company, has entered into a Memorandum of Understanding (MoU) with the Government of the Republic of Zambia through the Ministry of Health. The MoU aims to recognize the existing collaboration between the Zambian Government and Akums in the field of medicines and medical supplies and to strengthen this collaboration. The long-term vision is to create capacity for manufacturing of medical supplies and medicines in Zambia by setting up a manufacturing plant for medicines and medical supplies.
Key Highlights
- Akums Drugs and Pharmaceuticals Ltd, an Indian limited company, has signed an MoU with the Government of the Republic of Zambia through the Ministry of Health.
- The MoU aims to recognize and strengthen the existing collaboration between the Zambian Government and Akums in the field of medicines and medical supplies.
- The long-term vision is to create capacity for manufacturing of medical supplies and medicines in Zambia by setting up a manufacturing plant for medicines and medical supplies.
- The Zambian government through Ministry of Health will undertake procurement of identified medicines through ZJAMMSA based on the country procurement guidelines.